SDD is trading at $8.97, up 3.82%, amid broad U.S. equity weakness that supports its inverse strategy, although reports do not confirm the S&P SmallCap 600βs intraday move.
- The fund seeks daily -2x exposure to the S&P SmallCap 600; weakness in the benchmark can lift it.
- Reporting points to renewed fears of tighter AI and data-center regulation.
- Semiconductor weakness followed Qualcommβs disappointing handset-chip results.